The CEO of Cerence, Stefan Ortmanns, expressed confidence in Tempesta's extensive technology expertise and deep understanding of Cerence's business. Tempesta himself is excited about the path ahead for Cerence and aims to drive excellence in operations and execution.
Cerence's low P/S ratio may reflect its subpar revenue performance. Slower expected revenue growth than the industry average could lead to a stagnant stock price in the foreseeable future.
Cerence's unhealthy balance sheet, considerable debt relative to market capitalization, recent financial underperformance and a $37m EBIT loss makes it a risky investment, according to analysts.
Upgrades •$Allegiance(ABTX.US)$: Raymond James Upgrades to Outperform from Market Perform - PT $43 •$邦吉(BG.US)$: JPMorgan Upgrades to Overweight from Neutral - PT $106 (from $130) •$Cerence(CRNC.US)$: RBC Capital Upgrades to Sector Perform from Underperform - PT $27 (from $28) •$First Mid Bancshares(FMBH.US)$: Raymond James Upgrades to Outperform from Market Perform - PT $45 •$拉馬爾戶外廣告(LAMR.US)$: Citigroup Up...
Hey mooers Merry Christmas! Wishing you and your family a wonderful Christmas and a blessed New Year! For this week's sectors fund flow board, I include S&P 500 sectors year-to-today's performance. Let's check out how sector performed in 2021! From this chart, you will be able to find out what sector ETFs have most fund inflow. Fund inflow is often considered as a bullish sign of the sector and related ETFs! ^Weekly Sectors Fund Flow Board: a sector ranking based on sector ETFs aggregate 3-month fund flows. ^3-month fund flows: a metric that can be used to gauge the perceived popularity amongst investors of different sectors. The latest sector updates: *Tech Technology stocks were finishing near their intra-day highs, with the$科技行業精選指數ETF-SPDR(XLK.US)$Thursday rising 0.6% while the$費城半導體指數(.SOX.US)$was advancing 1.0% this afternoon. In company news,$Mercury Systems(MRCY.US)$jumped out to a 10% gain shortly before Thursday's closing bell following reports activist investors Jana Partners plan to discuss possible options to improve shareholder value, including a potential sale of the defense electronics contractor. $Cerence(CRNC.US)$rose 9.3% after the edge software components company Thursday announced its "largest contract" ever, with a $149 million deal to provide a European automaker with its connected, conversational artificial intelligence-powered automotive assistant products. $蘋果(AAPL.US)$was 0.4% higher, overcoming early weakness that followed reports the tech giant has temporarily closed eight of its retail stores in the US and Canada amid rising cases of COVID-19. *FIN Financial stocks continued to pad their pre-holiday gains, with the$SPDR金融行業ETF(XLF.US)$rose 0.5% this Thursday. $Marathon Digital(MARA.US)$rose almost 11.7% after Thursday announcing plans to buy a "record number" of additional Antminer S19 XP bitcoin mining devices. *Consumer Consumer stocks extended their Thursday advance, with the$日常消費品精選行業指數ETF-SPDR(XLP.US)$climbed 0.2% while the$非必需消費類ETF-SPDR(XLY.US)$rose 1.4% this Thursday afternoon. $Scientific Games(SGMS.US)$climbed 9% after withdrawing its bid to acquire the 19% equity interest in mobile games company$SciPlay(SCPL.US)$it didn't already own after the two sides were unable to finalize a deal. $Nikola(NKLA.US)$gained 18% after the electric truck-maker tweeted late Wednesday its "first customer delivery (was) done" with "more to come." Source: ETF Database, Standard & Poor's, MT Newswires
I've been watching them for a bit, and I felt like they were a bit oversold on news today. Obviously they bounced nicely and were on the way up slowly before the rest of the market bounced.$Cerence(CRNC.US)$$Everbridge(EVBG.US)$$NUVEI(NVEI.US)$ Price to 2023 earnings is around 20 at this level and theyve got a pretty solid market presence. Question for them is can they expand outside the auto industry?
$美國達爾令國際(DAR.US)$DAR- Darling Ingredients. Taking waste and making useful things. I think biodiesel is a great bridge fuel, and they own part of the largest refinery. $Cerence(CRNC.US)$CRNC- cerence. Building conversational AI for vehicles. $Compass(COMP.US)$COMP- Compass Inc. building a full service real estate business. If you've bought a house you know it's a pain to work with numerous people for each different step. They are bringing that all in house for a one stop shop.
Neomonoman : 我對 CRNC 失去信心... 希望它會首先穩定,公司很快推出新的增長策略